This post is part of the In Microsoft Dynamics 365 Business Central (Administration), how do I… series and of the wider In Microsoft Dynamics 365 Business Central, how do I… series which I am posting as I familiarise myself with Microsoft Dynamics 365 Business Central.
On reflection, the terminology in the post on understanding posting groups, isn’t all that clear. It uses terminology similar to the official terminology from Microsoft and it took me a while to determine and properly understand what they meant.
At the simplest level, a specific posting group, such as the Vendor Posting Group, is used to determine the accounts which would always be the same for the record type. In the case of vendors, this would be the accounts payable control account, discount, rounding accounts and so on.
The Inventory Posting Groups are slightly different as they can be combined with the location to allow different G/L accounts per site to be used.
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